Job Description

Department

At Navy Federal, Internal Audit’s (IA) goal is to provide independent, objective assurance and advisory services designed to evaluate and improve the effectiveness of the risk management process. IA accomplishes its objectives by bringing a systematic, disciplined approach to auditing to evaluate and improve the effectiveness of risk mitigation across all facets of the business.

IA includes a diverse range of professionals including certified auditors, subject matter experts who specialize in IT, finance, fraud, regulatory requirements, and data, as well as strategic personnel, all working collaboratively to ensure a seamless experience for Navy Federal and its members.

Potential Projects

Navy Federal is growing and the environment in which we operate is rapidly evolving, posing new and unique risks to the enterprise. As a result, Internal Audit must continuously adapt to provide assurance to our business partners through a risk-based approach that evaluates the effectiveness of governance, risk management, and the internal control environment. 

The Summer Associate will be a member of the Internal Audit IT Audit Team and will work in a hybrid capacity reporting to leadership at our Vienna, VA or Pensacola, FL campus. This team focuses on performing audits across information technology areas including IT and information security. Responsibilities may include supporting control testing on in-flight audits, assisting with testing on issue closures, developing tools or templates to be used in the audit process, or performing in-depth research on emerging topics impacting internal audit.

The Summer Associate Program is a 12-week internship program beginning in May 2025 and ending in August 2025. Students will work on impactful projects and meaningful work during their internship. To qualify for this position, applicants must be currently pursuing a degree from an accredited college or university and have an anticipated graduation date of December 2025 or later.

Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.

• Best Companies for Latinos to Work for 2024
• Computerworld® Best Places to Work in IT
• Forbes® 2024 America’s Best Large Employers
• Forbes® 2023 The Best Employers for New Grads
• Fortune Best Workplaces for Millennials™ 2023   
• Fortune Best Workplaces for Women ™ 2023       
• Fortune 100 Best Companies to Work For® 2024
• Military Times 2023 Best for Vets Employers
• Newsweek Most Loved Workplaces 
• Ripplematch Campus Forward Award - Excellence in Early Career Hiring
• Yello and WayUp Top 100 Internship Programs

From Fortune. ©2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.

Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/Disability

Hybrid Workplace: Navy Federal Credit Union is a hybrid workplace, and details will be discussed during your interview process.

Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position.

Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

• Currently pursuing a bachelor’s degree or higher in Computer Science, Information Technology or a related field
• Familiarity with the internal audit function and processes 
• Familiarity with one or more functions: IT Risk, General Controls, Information Security Frameworks and best practices
• Effective research, critical thinking, analytical, and problem-solving skills
• Experience in following, interpreting, and applying relevant data/instructions to guidelines, procedures, practices, and regulations
• Interest in risk management, audit, and/or enterprise governance 

• Assist with IT governance and/or application audits in accordance with Navy Federal and industry audit standards
• Conduct preliminary research, participate in process walkthroughs, document process narratives and workflows, identify key risks and controls, and obtain audit evidence for testing
• Review and analyze audit evidence to determine design and operating effectiveness of controls 
• Assist in performing IT control testing. Apply critical thinking skills by seeking to understand and execute assigned control testing and document results according to professional and internal standards 
• Prepare audit workpapers to document relevant information obtained, analyzed, and evaluated that support audit observations/issues and conclusions
• Identify and summarize potential issues and observations to discuss with the Auditor-In-Charge in a timely manner
• Self-manage workload/timelines and report delays and issues to audit management
• Collaborate with others throughout your internship, including with other Summer Associates
• Work well within the team environment, take on challenging stretch assignments for professional growth and development, and have fun!